Commercial Real Estate Direct Staff Report The universe of commercial mortgages outstanding in the United States increased by $377 billion in the second quarter, to $46 trillion, according to the Mortgage Bankers Association The increase was driven...
Commercial Real Estate Direct Staff Report The $73 million loan against the Regions Tower, a 687,237-square-foot office property in Indianapolis has transferred to special servicing because it’s expected to default at its maturity next month...
The volume of multifamily sales nationwide totaled $282 billion in the second quarter - down 718 percent from a year ago - according to Newmark Meanwhile, multifamily debt originations totaled $723 billion through the first half of 2023, down 58...
The vacancy rate for retail properties along Chicago's Magnificent Mile was 141 percent in the second quarter, according to Cushman & Wakefield That's down from 163 percent in the second quarter of last year, but well more than the 33 percent rate...
The sale-leaseback sector had an 83 percent increase in transaction volume in the second quarter, to $513 billion, according to SLB Capital Advisors That remains well less than the $617 billion quarterly average since the third quarter of 2020...
Major apartment-owning REITs that have a portfolio concentration in the country's Sunbelt region reported the smallest growth in rents in the second quarter, at 068 percent...
Commercial Real Estate Direct Staff Report Chicago’s Aon Center, a 278 million-square-foot office property in downtown Chicago, has had its appraised value slashed by nearly half to $414 million, according to a CMBS Newsflash by Morningstar...
The volume of CMBS loans in the hands of special servicers remained basically flat last month at $4022 billion, according to Trepp While a number of large retail loans were resolved during the month, that was offset by the addition of a few large...
The volume of CMBS loans that are more than 30 days delinquent declined in August by 45 percent from July, to $2561 billion, according to Trepp Inc The decline was driven largely by the continually improving hotel sector The volume of delinquent...
High interest rates have served to squelch property-sales transaction activity in the data-center space, as only $14 billion of deals took place during the first half, down from $24 billion last year At the same time, demand for data-center space...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
